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Forecast The Baby Food and Formula Market in the US To Grow At a CAGR Of 2.71% During The Period 2017-2020

03-31-2017 03:19 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Food

ALBANY, NY, March 31, 2017 : Infant formula is either a partial or a complete replacement for breast milk for infants aged under one year. It is available in concentrated liquid, powder, or ready-to-use formats. It is provided to meet nutritional needs and encourage the healthy physical and mental development of infants. Baby food products are provided to children up to four years of age. These are easy to prepare, soft, and have the right nutrient balance for the healthy overall development of babies. The different kinds of baby foods include cereals, soups, juices, and snacks comprising grains, vegetables, and fruits in mashed form to enable easy consumption. Manufacturers of baby food and infant formula provide a number of products in various forms of packaging, flavors, sizes, and nutritional value.

Technavios analysts forecast the baby food and formula market in the US to grow at a CAGR of 2.71% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the baby food and formula market in the US for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail sales of baby and toddler food and formula in terms of revenue and volume.

Technavio's report, Baby Food and Formula Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Abbott's
Danone
Hero
Kraft Heinz
MJN
Nestl

Other prominent vendors
Amara Baby Food
Baby Gourmet
Friso
GreenZoo
Healthy Sprouts
Initiative Foods
Little Duck Organics
Morinaga
North Castle Partners
Parent's Choice
Stonyfield Farm

Market driver
Rising urbanization and economic development.
For a full, detailed list, view our report

Market challenge
False claims and product recalls by vendors.
For a full, detailed list, view our report

Make an Enquiry of this report @ http://www.researchmoz.us/enquiry.php?type=E&repid=850942

Market trend
Increasing use of organic baby foods.
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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